Worst House on the Street Logo
Calancombe, Modbury, Ivybridge, Devon - Image 1
Calancombe, Modbury, Ivybridge, Devon - Image 2
Calancombe, Modbury, Ivybridge, Devon - Image 3
Calancombe, Modbury, Ivybridge, Devon - Image 4
Calancombe, Modbury, Ivybridge, Devon - Image 5
Calancombe, Modbury, Ivybridge, Devon - Image 6
Calancombe, Modbury, Ivybridge, Devon - Image 7
Calancombe, Modbury, Ivybridge, Devon - Image 8
Calancombe, Modbury, Ivybridge, Devon - Image 9
Calancombe, Modbury, Ivybridge, Devon - Image 10
Calancombe, Modbury, Ivybridge, Devon - Image 11

Calancombe, Modbury, Ivybridge, Devon

South West

£3,100,000
Listed on 04/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
4272 sqft

Description

Nestled in a serene valley, this expansive 4,000 sq ft period farmhouse embodies both charm and potential. While the current owners have made significant renovations, there is still ample opportunity for further updates or personalization to suit your vision. The farmhouse features a harmonious blend of stone and white render, with an inviting facade overlooking tranquil ponds and lush landscapes. Inside, the generous kitchen and breakfast room boast modern amenities including a central island and walk-in larder, seamlessly connecting to the outdoors through bi-fold doors that open onto a spacious terrace. Four versatile reception rooms provide flexible living spaces ideal for both relaxation and entertaining. Notable features include a 24-foot drawing room with magnificent views, a dedicated study area, a family room, and a formal dining room featuring traditional elements like stone mullion windows. The first floor hosts five well-appointed double bedrooms, each with an en suite bathroom—an attractive feature for families or guests. The principal suite also includes a dressing area, while one bedroom offers access to its own sauna. Additionally, there's a well-sized family bathroom for convenience. To the rear of the farmhouse lies a charming courtyard leading to various outbuildings including a chic home gym and office space. This area offers potential for conversion into additional accommodation subject to planning permissions. The gardens surrounding the property are meticulously maintained with terraced lawns, outdoor seating areas complete with barbecue facilities and a brick pizza oven—ideal for social gatherings. Set across over three acres of land that includes grassed areas and wildlife habitats, the property provides a peaceful retreat from everyday life while retaining great investment potential due to its size and unique features. In addition to the residential aspects of the estate, Calancombe also encompasses an established vineyard and winery located approximately 180 meters from the main house. This business has grown significantly since its inception in 2011 and specializes in high-quality wines produced exclusively from estate-grown grapes. With roughly 23 acres of vineyards that include diverse grape varieties such as Pinot Noir and Bacchus, there is considerable room for expansion as production yields continue to increase year on year. The winery's state-of-the-art facilities could be further developed as they already accommodate various distilling operations alongside wine production. This includes award-winning gins derived from apples grown on-site and innovative ciders crafted from traditional apple varieties. A commercial kitchen supports catering for events held at the venue which enjoys growing popularity for private functions. With its strategic location between Dartmoor National Park and South Devon’s coastline—just two miles from Modbury

Investment Analysis

(PL21 area)

Above Market Value

This property is priced +120.9% above area average per sq ft

+120.9%
This Property
£726/sq ft
Area Average
£329/sq ft

Renovation Potential

Est. Renovation Cost
£310,000 - £775,000
10-25% of property value
Target Value
£1,543,922
10% above area average per sq ft
Potential ROI
-60.2%
After renovation
Monthly Sales
14
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 3.6%
5 year growth: 27.2%
Investment Disclaimer: Analysis based on PL21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Calancombe, Modbury, Ivybridge, Devon
Map showing location of Calancombe, Modbury, Ivybridge, Devon
Open Map